Cost of Care Calculator
What does care cost today?
The latest facts from an authoritative third party.
Each year, Genworth Financial, Inc. conducts an independent survey of average health care costs across the country. This calculator is based on their most recent findings and can give you a basis for planning.
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Please note: Research shows that about 70 percent of people age 65 or older will need long-term care services at some point in their lifetime. And while most people think of long-term care as impacting only those in senior years, 40 percent of people currently receiving long term care services are ages 18 to 64.
The Genworth 2019 Cost of Care Survey can help families evaluate options to address the increasing cost of long term care. Genworth has surveyed the cost of long term care across the U.S. to help Americans appropriately plan for the potential cost of this type of care in their preferred location and setting. The most comprehensive study of its kind, Genworth’s 2019 Cost of Care Survey, conducted by CareScout®, covers nearly 15,000 long term care providers in 440 regions nationwide.
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Including Covenant Living in your estate plans is a meaningful way to support benevolent care for future residents. Learn more about joining our Legacy Circle and the many ways to leave a lasting impact.
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